Falcao left Manchester United last month after the club decided against activating a £43.2m clause in his loan contract that would have made his temporary move from Monaco permanent. The 29-year-old striker managed just four goals during his season-long spell in Manchester, with the serious knee injury that he suffered in 2014 looking to have had a major impact on his goal-scoring prowess.

However, Premier League champions Chelsea are believed to be in talks with Falcao over a another move from the Ligue 1 club, with manager Jose Mourinho currently on the lookout for a new attacking option following the departure of Didier Drogba. While a loan remains the most likely option, Chelsea could make a permanent move for Falcao for a fee in the region of £25m.

Where could Radamel Falcao end up?

Where could Radamel Falcao end up?

1/9
Monaco

His parent club just about managed to squeeze into third place in Ligue 1 this season, securing another year of Champions League football. After paying about €60m for him in 2013 (and only getting 22 matches out of him) Monaco will want to recoup some of that but could find it tough. With no club likely to stump up such a fee, Falcao could be back in red and white soon.

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2/9
Chelsea

Jose Mourinho and Roman Abramovich are long-term admirers of the striker and are actively seeking another striker after Didier Drogba announced his intention to leave for more football. Diego Costa is clearly and Falcao could try and regain his form in a reserve role. He could provide a very useful reserve option when Chelsea look to defend their Premier League title next season.

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3/9
Liverpool

Were in the race to sign the striker last summer before he chose a move to Old Trafford. The failings of Liverpool's strikers this season are well documented but with Brendan Rodgers' side not in the Champions League next season it would be hard to attract a player of Falcao's reputation, despite his poor form.

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4/9
Real Madrid

The Spanish giants will always be attracted to stellar names, especially the kind with Falcao's reputation who will be a big marketing attraction in South America. Javier Hernandez is making his way back to Manchester United and Real Madrid's next manager will need another option behind Karim Benzema.

5/9
Paris Saint-Germain

One of the few clubs who could spend really big on the Colombian, a possible move is linked with the future of Edinson Cavani. The Uruguayan is reported to be unhappy in Paris and if he goes - Manchester City, Arsenal and Chelsea have been linked - Laurent Blanc will need someone to partner Zlatan Ibrahimovic.

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6/9
Manchester City

City look set for an overhaul after a trophyless season, with around 10 players reported to be heading for the exit. Falcao's capture has echoes of Carlos Tevez's move a couple of years ago, but after signing Wilfried Bony to provide back-up for Sergio Aguero, City have priorities elsewhere (or at least they should).

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7/9
Tottenham Hotspur

Harry Kane has enjoyed a breakout season but beyond the young England star options up top for Mauricio Pochettino are very thing. Emmanuel Adebayor and Roberto Soldado should have no future at the club but Kane needs rest - he looked tired at the end of the season and managed just two goals in his final eight matches. Like Liverpool, Spurs are out of the Champions League, but players are attracted to London.

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8/9
Juventus

With two thirds of a treble complete this Juventus side doesn't have any glaring weaknesses but a number of their star players are already being linked with moves away this summer. Falcao is yet to test himself in Italy and should Carlos Tevez return to Argentina would become the figurehead of a new look side.

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9/9
Manchester United

They won't, will they? Just because Manchester United turned down his option, don't be surprised if they were looking into a cut-price move. United would be sick if he went on to score bags of goals elsewhere after a season of slowly finding his way back to fitness. Manchester United fans seemed to take to him and Louis van Gaal has praised his effort all season.

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Falcao has joined up with the Colombia squad for this summer’s Copa America where he will captain his country, having missed their impressive run at last year’s World Cup due to the knee ligament injury he suffered, and he directly addressed reports linking him with a move to Stamford Bridge.

“I know it has been speculated very much about Chelsea,” Falcao told Colombian daily newspaper El Tiempo.

“I try to stay out of it. I care about working with Colombia for now. That's what my agent does.

“I would like to continue in the Premier League. My future will be decided in the coming weeks.”

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A figure from Chelsea’s past could look to scupper a move to London though, with Zenit St Petersburg manager and former Blues head coach Andre Villas-Boas interested in renewing his relationship with Falcao.

Radamel Falcao alongside James Rodriguez in training with Colombia

Villas-Boas coached Falcao during his reign as FC Porto boss, where Falcao signalled his arrival on the European stage before securing a move to Atletico Madrid. Any move from Villas-Boas would also see Falcao link up with his former strike partner Hulk, with the pair firing Porto to a historic treble in 2010/11 as they secured the Portuguese Primeira Liga, the Portuguese Cup and the Europa League before leaving the club.